Makati
Makati (/məˈkɑːti/ mə-KAH-tee; Tagalog pronunciation: [maˈkati]), officially the City of Makati (Filipino: Lungsod ng Makati), is a highly urbanized city in the National Capital Region of the Philippines, known for being one of the leading financial centers in the country. As of 2013, the city has the highest concentration of multinational and local corporations in the Philippines.[5] Major banks, corporations, department stores as well as foreign embassies are based in Makati. Makati is also known for being a major cultural and entertainment hub in Metro Manila.[6] According to the 2020 census, it had a population of 629,616 people,[3] making it as the 47th most populous city in the country and ranked as the 43rd most densely populated city in the world with 19,336 inhabitants per square kilometer or 50,080 inhabitants per square mile. In 2023, the 10 Embo barangays were removed from Makati's jurisdiction as a result of the Makati–Taguig boundary dispute ruling, resulting in a reduction of the city's population to about 292,743. The daytime population of the city is estimated to be more than three million during a typical working day because of the large number of people who go to the city to work, shop, and do business.[7][8]
"San Pedro Macati" and "San Pedro de Macati" redirect here. For the Catholic church, see San Pedro Macati Church.
Makati
none
June 1, 1670
February 28, 1914 (as Makati)
February 4, 1995
November 9, 2023
23 (since 2023), 33 (until 2023)
Abigail Binay (MKTZNU/NPC)
Monique Lagdameo (MKTZNU)
- Romulo "Kid" Peña Jr. (1st District) (Liberal)
- Luis Jose Angel Campos Jr. (2nd District) (NPC)
458,362 voters (2022)
21.57 km2 (8.33 sq mi)
32 m (105 ft)
465 m (1,526 ft)
0 m (0 ft)
629,616
23,000/km2 (60,000/sq mi)
186,381
Makiteño; Makatizen
1st city income class
0.903 (Very High)
₱22,387,841,645.00 (2020)
₱ 236,729 million (2020)
₱ 19,273 million (2020)
₱ 16,415 million (2020)
Manila Electric Company (Meralco)
+63 (0)02
Tagalog
December 12
Nuestra Señora de la Rosa
Etymology[edit]
The name of Makati originates from the Tagalog word kati, meaning "[of the] low tide" or "[of the] ebb tide", attributing to the tidal movements of the adjacent Pasig River. Alternatively, the word may also mean "itchy", attributed to the lipang kalabaw plant (Dendrocnide meyeniana) that once grew in the area.[9]
Previously, it was named San Pedro [de] Macati, a name stylized in Spanish.[10] The first part of the name is derived from Spanish for Saint Peter, the then-town's patron saint.[11][12]
Future development[edit]
Ayala Land and the Makati Tourism Foundation launched a year-long campaign titled "Make It Happen, Make it Makati" to increase Makati's visibility as an arts and culture destination. The campaign is part of Ayala's ongoing US$1.5 billion redevelopment masterplan for Makati, which began in 2011 and divides the city into six distinct hubs for business, lifestyle, entertainment and transport.[96]